XML 41 R31.htm IDEA: XBRL DOCUMENT v3.22.2
EARNINGS PER COMMON SHARE (Tables)
 6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The computation of basic and diluted earnings per common share is shown below:
Three Months Ended June 30,Six Months Ended June 30,
 2022202120222021
Basic earnings per common share computation:
Net income per condensed consolidated statements of income$14,363 $12,915 $28,533 $26,021 
Net earnings allocated to participating securities(68)(47)(132)(92)
Net earnings allocated to common stock$14,295 $12,868 $28,401 $25,929 
Distributed earnings allocated to common stock$2,935 $2,859 $5,879 $5,718 
Undistributed earnings allocated to common stock11,360 10,009 22,522 20,211 
Net earnings allocated to common stock$14,295 $12,868 $28,401 $25,929 
Weighted average common shares outstanding, including shares considered participating securities16,860 16,885 16,871 16,870 
Less: Average participating securities(78)(60)(75)(58)
Weighted average shares16,782 16,825 16,796 16,812 
Basic earnings per common share$0.85 $0.76 $1.69 $1.54 
Diluted earnings per common share computation:
Net earnings allocated to common stock$14,295 $12,868 $28,401 $25,929 
Weighted average common shares outstanding for basic earnings per common share16,782 16,825 16,796 16,812 
Add: Dilutive effects of performance based-shares33 0 33 0 
Weighted average shares and dilutive potential common shares16,815 16,825 16,829 16,812 
Diluted earnings per common share$0.85 $0.76 $1.69 $1.54